Cohousing-L Mailing List: Re: Cohousing-L Digest, Vol 141, Issue 14

[Joel Rothschild (joel]

Shannan, congrats on an exciting project! Has your group reached 
consensus on how you want ownership to work for ecovillage members over 
time? I.e., if I want to live there, do I buy into a co-op or condo 
association? Do I rent? Who pays to fix the roof when it leaks? And if I 
want to leave, do I sell my property? Do I sell shares? Have I built up 
equity in the meantime? Legal structure for ownership depends 
fundamentally on how you want to relate to each other, and to each 
other's different financial needs and means, through the place you share.

Feel free to contact me directly. And best of luck,
Joel

Joel Rothschild
Ecovillage Developer
Founder, Ecovillagers Cooperative
http://www.ecovillagers.org
+1 202 41 ROOTS (messages)
+1 206 383 7804 (mobile)

On 10/13/2015 06:16 AM, cohousing-l-request [at] cohousing.org wrote:
> Date: Mon, 12 Oct 2015 08:11:00 -0500
> From: Shannan Hoffsmit<shoffman500 [at] gmail.com>
> To:cohousing-l [at] cohousing.org
> Subject: [C-L]_ Repost: Developing an existing site into an Ecovillage
> Message-ID:
>         <CAEu0eUAeOpwueTgBAeXeCc4Oq90ADHv6jem6QcWk8SU1C5eUyw [at] 
> mail.gmail.com>
> Content-Type: text/plain; charset=UTF-8
>
> A few friends & I are considering developing their existing acreage outside
> the city limits of Pleasant Hill, IA into an ecovillage.
>
> I am currently researching legal structure options and I'm thinking we'll
> form a corporation, which will apply for a loan to transfer land ownership.
> Does anyone have experience with this?
> Thanks!
> Shannan Hoffsmit